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  4. Moonriver Set to Begin Five-Phase Launch Process on Kusama
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Moonriver Set to Begin Five-Phase Launch Process on Kusama

Moonriver has just completed the first step of its five-phase launch process. It is the first live parachain with an open and permissionless collator set powered by a custom...
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Moonriver Set to Begin Five-Phase Launch Process on Kusama Moonriver Set to Begin Five-Phase Launch Process on Kusama

  • Moonriver has just completed the first step of its five-phase launch process.
  • It is the first live parachain with an open and permissionless collator set powered by a custom parachain staking pallet.
  • In its next phase, it will begin to decentralize and add community-led collators.

Polkadot-based smart contract platform, Moonbeam, announced today that its companion network on Kusama, Moonriver, has completed the first step of its five-phase launch process. Phase Zero began last week when Moonriver started producing blocks on Kusama. This set up the network for the rest of the planned launch.

Notably, Moonriver is the first live parachain to have an open and permissionless collator set powered by a custom parachain staking pallet. This is essential to ensure censorship resistance and decentralization.

Within last week, the Moonbeam team finished verification of block production, finalization, and Moonriver’s interaction with the Kusama Relay Chain. Along with this, the team also upgraded Moonriver for fixes and compatibility with the latest versions of the relay c...

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

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Summary

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EUR/USD

1.0658

-0.0008 (-0.07%)

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GBP/USD

1.2475

-0.0015 (-0.12%)

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USD/JPY

157.91

+0.12 (+0.07%)

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AUD/USD

0.6469

-0.0003 (-0.05%)

Summary

Neutral

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USD/CAD

1.3780

+0.0003 (+0.03%)

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EUR/JPY

168.32

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EUR/CHF

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Copper Futures

4.5305

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Crude Oil WTI Futures

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Brent Oil Futures

85.62

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US Coffee C Futures

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S&P 500

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DAX

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FTSE 100

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17,763.03

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1,973.05

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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